Saudi Arabia has stalled signing a £4bn ($6bn) defence contract with the UK until a new government is voted in after the May general election.
Free Buyers Guide
Leading Guide to Submarine and Submersible Suppliers for the Naval Industry
Thank you.
Go deeper with GlobalData
Your download email will arrive shortly.Please check your mail inbox to download buyer's guide
You may also be interested in:
The contract concerns weapons for Eurofighter Typhoon jets bought by the government through a £20bn ($30.3bn) deal signed with the UK in September 2007, according to timesonline.co.uk.
Saudi Arabia is considering purchasing at least 24 more Eurofighters, worth around £1.5bn ($2.27bn) but have temporarily stalled the process with a view to restarting discussions once the next parliament is installed.
The Saudi Government made a similar move in 2006 when the country stalled a deal to buy 72 Typhoons at a cost of £4.43bn until a few months after Gordon Brown had replaced Tony Blair.
Free Buyers Guide
Leading Guide to Submarine and Submersible Suppliers for the Naval Industry
Thank you.
Your download email will arrive shortly.Please check your mail inbox to download buyer's guide
You may also be interested in:
By downloading this Buyers Guide, you acknowledge that GlobalData UK Limited may share your information with our partners/sponsors who may contact you directly with information on their products and services.
Visit our Privacy Policy for more information about our services, how GlobalData may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.